Common use of Cancellation of Lease Clause in Contracts

Cancellation of Lease. Nothing in this Lease shall prevent either party from canceling the lease upon (a) a substantial increase or decrease in pupil enrollment of the respective parties; (b) a substantial change in the needs and requirements of either party with respect to the premises; or (c) any change that substantially affects the needs and requirements of either party or the community in which they are located.

Appears in 2 contracts

Sources: Lease Agreement, Lease Agreement

Cancellation of Lease. Nothing in this Lease shall prevent either party from form canceling the lease upon (a) a substantial increase or decrease in pupil enrollment of the respective parties; (b) a substantial change in the needs and requirements of either party with respect to the premises; or (c) any change that substantially affects the needs and requirements of either party or the community in which they are located.;

Appears in 1 contract

Sources: Lease Agreement